National Oilwell Varco Inc
- Perception of the company's creditworthiness is positive
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is moderate and increasing
- Economic output in this company's sector is contracting
Short interest | Neutral
Short interest is moderate for NOV with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 14.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding NOV are favorable, with net inflows of $7.44 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit
There is no PMI sector data available for this security.
Credit default swap | Positive
The current level displays a positive indicator. NOV credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.
Please send all inquiries related to the report to email@example.com.
Charts and report PDFs will only be available for 30 days after publishing.
This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.